Trickle-down economics don’t work

Just look at the example of Minn. Gov. Mark Dayton, who taxes the rich and raised the state’s minimum wage, and now? The state’s economy is pretty healthy, thanks. The Dayton family ain’t hurting too bad, either. And thanks, Jac, for the link.

Tax the very rich, right now

Paul Buchheit at Common Dreams writes: The standard argument against this is that everyone has an equal opportunity to benefit from past accomplishments. But it isn’t true. An American born in 1970 in the bottom economic quintile had only a 17% chance of making it into the top two quintiles. Reports from Brookings, Pew, and …